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jobs here, according to the president but microsoft's chief is on record saying it could push more u.s. jobs overseas. who is really going to pay for this? and now our guest. this looks good on the face, you give tax inducement to bring money and jobs back to america. >>guest: start with the fact that the united states is chasing businesses out of this country with our highest corporate income tax. we have talked about this. this cannot continue. we have the second highest corporate tax rate in the world so businesses are going to places like india and china and indonesia where they can get a better deal. our corporate tax rate is twice as high as the rest of the world. we talked about that in the wall street journal today. the president is saying, have a special tax on american companies like ibm and microsoft and general electric, that have plants and facilities overseas and have a special tax on them so when they bring that money back to the united states they have to pay higher taxes. the problem with this is the companies like ibm and microsoft are saying if you put this on us we
it is different. a lot of the polls are showing you look at earmarks, used to be popular, and now in this country there are more people saying don't bring home the pay cop, we have a deficit problem, a problem our children and grandchild have to deal with. you look at senators, like tomko -- senator coburn, he keeps getting reelected, although he tells us things we did not want to hear so he moved here from the house of representatives and the mood is different. >>neil: a lot of the uprising, they are union workers and public workers, and they are beholden to the government and the government to them. so there could be a silent majority that welcomes government cracking down. is there a message here because some of the spending maps i see, i don't see that. >>guest: one of the things to look for is something like the afl-cio pushing very hard so democrats can retain their majority, several democrats voted "no" on health care and there is concern that prove would pull a page from president clinton's play book in 1994 and 1995 and he triangulated so the afl-cio unions will work very hard for democr
of the uncertainty. so the poller joins us now. democrats, some, believe they are being smart by delaying a vote on the tax cut. are they? >>guest: there are members that would have had the chance to vote against the leadership, 35 or 40 members and win the vote if everyone else was unify giving them the chance to say wait, i understand small business concerns and the business community to create jobs but you need extra money. but, instead, they deny the 35 members a chance to vote. they are done. this is the last desperate ploy. >> what do they do? >>guest: the problem is they will go home and not make the changes, they will not fix the health care reform, they will not change the budget or tax legislation, they will not reduce the stimulus, they will not end the bailout, which is why the republicans put forward the "pledge for america." and in it it has things that have 60, 70's, and 80 percent support. they are in trouble. >> nancy pelosi recently commented about the tax cuts. >> it is about the policy. we are strong on that and members with a vote or without a vote can go home and talk about
they want to hear. and i know that it's, we say, give it to us straight, tell us exactly what you think. we want to know what we have to do. no, what most want, they want another diet of hot fudge sundays. >>neil: larry, here is where we might have a parting of the ways. a lot of folks are willing to take their pound of flesh if they know others are, as well. and it, if all programs are on the chopping block and addressed and we have to be on talking about paying more for the same poor government and now it is spending and looking at what chris chris christie is looking at in new jersey, he could have done tax hikes but he is doing cuts and the jury is out if that works but people in new jersey were open and the folks who were getting gored so i wonder if maybe the prospect for my suggestions are looking rosy? >>guest: anything is possible. i have seen strange people elected. there is a possibilities for you there. just kidding, just kidding. look, the long and short is this: let's hope you are right. if we are ever going to do anything about the $12 trillion deficit headed up to $1 trilli
Search Results 0 to 3 of about 4